Accountancy, asked by kingRaj, 1 year ago

meaning of Derivative?

Answers

Answered by Lorel
3
The meaning of derivative is imitative of the work of another artist, writer, etc., and usually disapproved of for that reason.

kingRaj: no
Lorel: well then (of a product) having a value deriving from an underlying variable asset.
Lorel: or something which is based on another source.
Lorel: or an arrangement or product (such as a future, option, or warrant) whose value derives from and is dependent on the value of an underlying asset, such as a commodity, currency, or security.
kingRaj: yes
kingRaj: absolutely right thank you
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